
Dividend Deep Dives: Upcoming Ex-Dividend Dates for w/c June 22
Dividend Deep Dives: Upcoming Ex-Dividend Dates for June 22
Welcome back to Dividend Deep Dives, where each week we look at different dividend-paying stocks and ETFs and explore what makes them interesting for income investors.
If you are new to this strategy, a dividend is simply a payment a company makes to its shareholders to share a portion of its profits. Think of it as getting paid just for owning a piece of a business. Here at MindShift Theory, dividend investing makes up one crucial part of our Wealth Triangle Method, which teaches you how to get your money to make money 3 different ways at the same time.
To successfully collect these payments, you must know the ex-dividend date. If you want to receive the upcoming dividend, you need to own the shares before this date. The cash will then arrive in your brokerage account later on the payout date.
This week, we are analyzing three major investments going ex-dividend:
1. Broadcom (Ticker: AVGO) Broadcom is one of the world's largest semiconductor companies and a massive beneficiary of the AI boom, supplying critical components for advanced computing systems.
Ex-Dividend Date: June 22nd
Payout Date: June 30th
Dividend Amount: $0.65 per share (~0.63% yield) Broadcom is incredibly attractive to dividend growth investors because of its track record of consistently increasing its dividend alongside strong capital appreciation.
2. FedEx (Ticker: FDX) FedEx plays a crucial role in global commerce, moving millions of packages daily.
Ex-Dividend Date: June 22nd
Payout Date: July 7th
Dividend Amount: $1.22 per share (~1.5% yield) Falling within the Industrials sector, FedEx provides investors with a great way to diversify beyond tech while gaining exposure to the broader economy and global trade.
3. Schwab U.S. Dividend Equity ETF (Ticker: SCHD) SCHD is designed to track the Dow Jones U.S. Dividend 100 Index, holding roughly 100 large, established U.S. businesses.
Ex-Dividend Date: June 24th
Payout Date: Expected June 29th
Yield: Roughly 3.2% to 3.3% annually What makes SCHD so popular is that it focuses on dividend quality—screening for strong fundamentals and healthy cash flow—rather than simply chasing the highest yield.
Remember, dividend payments should only be one part of your investment decision. Always consider the quality of the business and how it fits into your overall wealth-building strategy.
